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BlackRock Digital Assets Head Warns AI Momentum Is Pressuring Bitcoin

2026-06-24 09:20:53

Abstract generation in progress

BlackRock’s Robbie Mitchnick said AI-centric assets have drawn capital away from Bitcoin and crypto. Mitchnick said AI stocks have outperformed Bitcoin in 2026. Bitcoin mining firms have shifted toward AI data center support as AI becomes more profitable than BTC mining.

BTC-2.13%

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